Experts analyse the steps to 10-fold strategy
NTV Uganda, in partnership with the Ministry of Finance, hosted the annual Ministry of Finance Economic Summit, centered on financing Uganda's ambitious Tenfold Growth Strategy. The strategy aims to increase Uganda's economy from USD 50 billion in FY 2023/2024 to USD 500 billion over the next 15 years. It is a key component of the National Development Plan IV, which is aligned with Uganda's Vision 2040. During the summit, experts highlighted critical issues to achieve this growth target, such as reducing budget cuts, optimizing natural resources, and evaluating the impact of tax exemptions. Experts agree that addressing these challenges is essential for ensuring sustainable economic growth and long-term resilience.
